U.S. manufacturing sector weakens additional in November: ISM

Weak exports and enterprise warning is hammering the U.S. manufacturing sector.

The numbers: The Institute for Provide Administration stated its manufacturing index sank to 48.1% in November from 48.3% in October. Economists surveyed by MarketWatch had forecast the index would register a studying of 49.2%.

Readings beneath 50% point out enterprise situations are getting worse.

What occurred: The indexes measuring new orders and employment each weakened in November.

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.